CCU Parity Act of 2023

Hozzl · 2024-01-11T08:30:29Z

Explore the details of House Bill 1262 CCU Parity Act of 2023 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

1/11/2024, 8:30 AM

Summary of Bill HR 1262

Bill 118 HR 1262, also known as the CCU Parity Act of 2023, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to address disparities in coverage for critical care units (CCUs) under health insurance plans.

The CCU Parity Act of 2023 aims to ensure that individuals who require treatment in a CCU receive the same level of coverage and benefits as those receiving treatment in other hospital units. This includes coverage for medical services, medications, and other necessary treatments.

The bill also seeks to prevent insurance companies from imposing higher out-of-pocket costs or placing restrictions on coverage for individuals receiving care in a CCU. By establishing parity in coverage for CCU patients, the legislation aims to improve access to critical care services and ensure that all individuals receive the care they need without facing financial barriers. Overall, the CCU Parity Act of 2023 is designed to promote fairness and equity in health insurance coverage for individuals requiring treatment in critical care units. It is currently under review in Congress and may undergo further revisions before potentially being passed into law.

Congressional Summary of HR 1262

CCU Parity Act of 2023

This bill increases the tax credit for carbon capture and use to match incentives for carbon capture and sequestration for both direct air capture and the power and industrial sectors.

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Current Status of Bill HR 1262

Bill HR 1262 is currently in the status of Bill Introduced since February 28, 2023. Bill HR 1262 was introduced during Congress 118 and was introduced to the House on February 28, 2023. Bill HR 1262's most recent activity was Referred to the House Committee on Ways and Means. as of February 28, 2023

Bipartisan Support of Bill HR 1262

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 1262

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 1262

CCU Parity Act of 2023

To amend the Internal Revenue Code of 1986 to increase the applicable dollar amount for qualified carbon oxide which is captured and utilized for purposes of the carbon oxide sequestration credit.